Will Making Tax Digital affect my cash flow?
Making Tax Digital (or MTD) is major initiative by the Government and HMRC to make it easier for individuals and businesses to keep on top of their tax affairs – well that’s the theory. One of the most significant steps as far as businesses are concerned is the introduction of Making Tax Digital for VAT […]
We are pleased to announce our biggest ever feature update to CaFE!
Up until now, CaFE has worked exclusively on the short-term forecasts it creates from your cloud accounting software. You have told us you love this, because it means you don’t have to worry about maintaining short-range forecasts of your own, but you have also told us that you want the option of being able to […]
Teeth grow slowly for Prompt Payment Code
Minister for small business, Kelly Tolhurst, has told MPs that signatories to the Prompt Payment Code will be investigated if they do not adhere to its terms. Prompt Payment Code signatories are meant to pay all suppliers in 60 days and work towards paying them in 30 days. When addressing the Select Committee, Ms Tolhurst […]
New report names and shames persistent late-payers
‘Naming and shaming’ big companies that make a habit of paying small suppliers late may have the desired effect of forcing the worst culprits to change their ways. Let’s hope so, because nothing else – not even Government-backed initiatives like the Prompt Payment Code – has made much of an impression on a culture that […]
More access to invoice finance is only part of the answer
New laws to help more SMEs gain access to invoice finance are a start, not the end of addressing the UK’s late payment culture. Under new laws scheduled to take effect from the start of 2019, Britain’s 5.7m SMEs will be able to ignore unfair contracts that prevent them from raising finance against monies owed […]
Can small businesses ever stop late payments?
FSB National Chairman, Mike Cherry, has once again raised the scourge of late payments on small businesses by writing to the Chairmen and CEOs of all FTSE100 companies urging them to take immediate action to create a new payments culture in the UK. The FSB’s own research shows that a massive 84% of small businesses […]
Editorial: XU magazine – March edition
XU magazine has included an editorial profile which looks at Makoto’s motivations and vision for coming to the UK and setting up CaFE. Read the full article below, or download the full magazine here. Click below for fullscreen. Become a CaFE partner today – it’s FREE
Editorial: Financial Accountant Magazine – November/December edition
Financial Accountant magazine asked CaFE to submit a thought piece for their November/December edition and we’re pleased to share it with you here. In this article, Makoto discusses how professional advisers can help clients manage their cashflow, providing some quick tips that will earn you a lifetime of loyalty. Click the article below for fullscreen. […]
Xerocon 2017
We had an excellent two days at Xerocon at the beginning of October. Nowhere else have we met so many forward-thinking accountants, bookkeepers and other finance professionals all in one place, and all eager to find out what is new and best practice in their industry. More than 120 delegates visited the CaFE stand to […]
Tech businesses combine to tackle SME cashflow issues
Two Financial Technology (fintech) firms are collaborating to help small businesses not only identify an impending cashflow crisis, but also deliver the funding required to return them to health. CaFE, a cashflow monitoring Application, and FloFunder from PeerPay, a platform that matches firms starved of cash with businesses or individuals who are willing to invest, […]
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